Menu costs suggest that sticky prices are ____ for firms but _____ for the economy as a whole
a. optimal; suboptimal
b. bad; good
c. natural; unnatural
d. suboptimal; optimal.
e. suboptimal; suboptimal
A
Economics
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Contractionary fiscal policy may have a larger effect in reducing aggregate demand in an open economy than a closed economy
a. True b. False Indicate whether the statement is true or false
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